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2005 Summary of New State Laws - Nebraska

(Preliminary List of 2005 Approved/Pending Legislation)

Issue

Bill #

Bill Description

Rate Regulation

L 119

Notably, among other things, enacts significant insurance rate modernization features into the state's existing rate and filing approval requirements by moving personal lines and workers compensation insurance rates away from a system of prior approval to a file and use system. LAW. Effective 90 days after adjournment.

The information contained in this summary is not intended as a portrayal of every property/casualty-related law enacted in each state. Rather, it represents recently enacted legislation specifically identified by NAMIC State and Regulatory Affairs Staff as bearing direct relevance to those issues that represent NAMIC's National State Legislative Agenda or otherwise deemed pertinent to the interests of the majority of NAMIC members.

This summary is for use as a convenient tool for our members, and is not intended, and should not be considered to be, legal advice. Please consult your legal representatives.

Nebraska State Resource Center